I would also charge a lot more than I would for a residential rental.Honestly, I wouldn't recommend it unless you've really studied it and understand how to protect yourself and earn fair compensation.

I'm looking to form a revocable trust to have all my assets in it, I understand that it does not protect me as an irrevocable trust would.

Plus they are all busy doing occupant custom remodels.Flippers and landlords like me have alwyas been forced into being hands on, the crew chief, over handymen and a few licensed trades.   

Folks use an LLC for anonymity and liability protection.

Title insurance protects the lenders in case issues with ownership arise after the sale.Underwriting fee: This is for processing the cost of verifying the borrower’s credit history, income, and other financial information.Discount points: Many investors pay more money upfront to buy discount points and reduce the mortgage interest rate.

Just would like to know would this be smart on my behalf(liability)protection wise? 

I’m nearing the completion of my Tennessee Real Estate License, and I’m eager to connect with like-minded individuals in the real estate space, specifically in the Nashville and Franklin areas.I bring over 8 years of experience in renovations and custom home building, which has given me a deep understanding of the construction side of real estate.

While I could sell both properties and turn a large profit, avoiding ongoing maintenance and property taxes, I’m also interested in holding on to both properties as long-term investments.I’ve thought about possibly doing a full demo and rebuilding a custom home in Carlsbad for personal use or to sell down the line for a significant profit.

If the first is foreclosing, are you prepared to pay off the first and bid at auction to protect your interest?

An LLC is for liability protection to protect the assets OUTSIDE the LLC.